South America

The current population of South America is 437,515,703 in 2022, based on the latest United Nations estimates. South America population is equivalent to 5.53% of the total world population.

As per age wise distribution of population we observe that our highly targeted niche of (18-35) year old people makes (37%) of whole population.

• Total population of South America is = 437,515,703

• Total population of South America at Age group of (18-35) is 37% = 161,880,810 (161 million)

Taking out the people who don't have the financial abilities, or other various backgrounds like war, politics , no access to internet in their region etc. enabling them to join (42%)

Our TAM ( Total Adressable Market) in South America is around 93.890.867 (93.9 million)

Marketsize

• Our estimated average cart value is 99$ monthly.

• Total market size in South America - 93.890.867 (93.91 million).

Calculation of annual revenue-

• Monthly Revenue - (93.91 million) * $99= 9.297.090.000 (9.3 billion$)

• Annual Revenue = 111.565.080.000 (111 billion$)